News by State

Louisiana medical marijuana sales could launch in May

Barring any more unforeseen hurdles, medical cannabis sales in Louisiana might begin as soon as next month. But before the state gives the greenlight, it needs the all-clear from testing labs. The Louisiana Department of Agriculture and Forestry is holding off on authorizing sales until pesticide tests ensure no MMJ products are contaminated, according to Baton […]

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Florida adds eight more medical marijuana business licensees

Florida’s medical cannabis marketplace is set to see a significant boost in the number of businesses that can operate in the state as regulators approved licenses for eight more firms in addition to the 14 existing MMJ operators. The state will grant the additional licenses to companies that failed to gain approval during the first […]

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Acreage to buy Nevada cannabis company Deep Roots for $120 million

On the same day it announced it was being acquired by Canada’s Canopy Growth in a groundbreaking deal, New York-based marijuana firm Acreage Holdings unveiled it is buying Deep Roots, a vertically integrated cannabis company based in Nevada. The $120 million deal was secured through Acreage subsidiary High Street Capital Partners. Once all its current […]

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L.A. city attorney launches new crackdown on illegal marijuana shops

Los Angeles City Attorney Mike Feurer announced a new push against illegal cannabis shops, starting with a civil lawsuit filed against one illicit operator in south L.A. and several business associates. Legal marijuana businesses in California likely will take careful note as this clampdown effort progresses, because they’ve long argued that illegal operators severely impact […]

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Leaving no county unheard on cannabis: Q&A with Pennsylvania Lt. Gov. John Fetterman

Pennsylvania successfully rolled out a medical marijuana program and now, having reversed course and with legalization pressure building in the Northeast, Democratic Gov. Tom Wolf is open to considering legalizing adult-use marijuana. The state’s approach is a deliberate one. As a first step, Lt. Gov. John Fetterman is conducting “listening sessions” in each of the […]

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Reports: Canopy Growth to buy Acreage Holdings, creating North American cannabis giant

Get more in-depth analysis of this deal – and others in the cannabis industry – with an Investor Intelligence subscription. Canada’s Canopy Growth is close to a deal to acquire New York-based marijuana multistate operator Acreage Holdings, multiple sources, including CNBC and Bloomberg, reported Wednesday. If true, it would be the first cross-border deal involving a Canadian marijuana licensed […]

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Georgia lifts ban on commercial medical marijuana production

Georgia Gov. Brian Kemp has opened the state to commercial medical cannabis cultivation, signing a bill to create new business opportunities in the Peach State’s limited MMJ program. The measure outlines the first opportunities for private businesses to grow and sell cannabis. Georgia launched its limited MMJ program in 2015, though the cultivation, manufacture or sale of THC […]

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California county making progress on repeal of cannabis cultivation ban

A California county is still working on a new regulatory regime to govern cannabis farmers, which could provide a way back into the legal market for hundreds of growers who’ve been stuck in limbo since January 2018. The Calaveras County Board of Supervisors’ new rulemaking began in February. The movement marks a reversal from a ban enacted over […]

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MI gov approves bill to streamline medical marijuana business application process

Michigan’s governor signed a bill to ease the process for would-be business owners applying for medical marijuana and industrial hemp licenses. According to the Michigan Advance, Gov. Gretchen Whitmer signed Senate Bill 203, effective immediately, to update the definition of applicant so that owning more than 10% of a company requires the standard vetting process while […]

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